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A dealer sells two laptops at the rate of Rs. 4680 per laptop. On one he gains 30 percent and on the other he suffers a loss of 40 percent. What is hi
Question

A dealer sells two laptops at the rate of Rs. 4680 per laptop. On one he gains 30 percent and on the other he suffers a loss of 40 percent. What is his percentage loss in the whole transaction?

A.

16.66 percent

B.

13.25 percent

C.

18 percent

D.

17.89 percent

Correct option is D

Given:
Selling price of each laptop = Rs. 4,680
Profit on the first laptop = 30%
Loss on the second laptop = 40%
Concept Used:

Percentage Loss=(LossTotal CP)×100\text{Percentage Loss} = \left( \frac{\text{Loss}}{\text{Total CP}} \right) \times 100​​

Solution:
SP=CP+ProfitSP = CP + \text{Profit}​​
4,680=CP1+0.30×CP14,680 = CP_1 + 0.30 \times CP_1​​
4,680=1.30×CP14,680 = 1.30 \times CP_1​​
CP1=4,6801.30=3,600 Rs.CP_1 = \frac{4,680}{1.30} = 3,600 \text{ Rs.}​​
SP=CPLossSP = CP - \text{Loss}​​
4,680=CP20.40×CP24,680 = CP_2 - 0.40 \times CP_2​​
4,680=0.60×CP24,680 = 0.60 \times CP_2​​
CP2=4,6800.60=7,800 Rs.CP_2 = \frac{4,680}{0.60} = 7,800 \text{ Rs.}​​
Total CP=CP1+CP2=3,600+7,800=11,400 Rs.\text{Total CP} = CP_1 + CP_2 = 3,600 + 7,800 = 11,400 \text{ Rs.}​​
Total SP=4,680×2=9,360 Rs.\text{Total SP} = 4,680 \times 2 = 9,360 \text{ Rs.}​​
Loss=Total CPTotal SP=11,4009,360=2,040 Rs.\text{Loss} = \text{Total CP} - \text{Total SP} = 11,400 - 9,360 = 2,040 \text{ Rs.}​​
Percentage Loss=(LossTotal CP)×100\text{Percentage Loss} = \left( \frac{\text{Loss}}{\text{Total CP}} \right) \times 100​​
Percentage Loss=(2,04011,400)×10017.89%\text{Percentage Loss} = \left( \frac{2,040}{11,400} \right) \times 100 \approx 17.89\%​​
The dealer's overall percentage loss in the whole transaction is approximately 17.89%.

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